Investing.com -- Deutsche Bank has upgraded its recommendation on InterContinental Hotels Group to "hold" from "sell," while simultaneously revising its target price downward. The new target for IHG is 7,750 pence, down from the previous 8,000 pence, reflecting a 3.1% reduction in valuation outlook.The adjustment comes amid broader revisions within the tourism and travel sector.According t ...
By Sheila Dang-BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year.The exploration well was drilled in Green Canyon Block 584 about 120 miles (193.12 km) off the coast of Louisiana. Both the initial well and a sidetrack encountered oil. Preliminary dat ...
Investing.com -- Hungary has made clear its stance against the European Union’s proposed military training mission taking place within Ukraine. The country’s Foreign Minister, Peter Szijjarto, stated on Monday that such a move would potentially escalate the ongoing conflict.In addition to this, Hungary has voiced opposition to any sanctions on Russian energy imports. The Foreign Minister commu ...
Investing.com - Futures tied to Canada’s main stock exchange edged higher on Monday, mirroring similar gains on Wall Street, as investors assessed a tech-related pause to U.S. President Donald Trump’s tariffs.By 06:48 ET (10:48 GMT), the S&P/TSX 60 index standard futures had climbed by 7 points, or 0.5%.Toronto Stock Exchange’s S&P/TSX composite index rose by 572.93 points, or 2 ...